Before homeowners put their property on the market, they have to decide whether they will try to sell it themselves or engage the services of a real estate agent. Many people object to paying a percentage of the purchase price to an agent, but are concerned about the amount of time it takes to do the work themselves. Today there are companies that are offering an alternative to commission based real estate sales. In Illinois, sellers can hire a flat fee Realtor Chicago industry professionals recommend.
You may have concerns that you won't get the same service with one of these agents that you would with a commission based real estate company. When you first meet with a representative, you should ask what to expect. In most cases, your agent will stay in contact with you to give you updates and suggestions. An opinion of value based on comparable sales is something else you can expect.
Once you have agreed upon the terms, your agent will go over the listing contract with you, answer any questions, and have you sign it. The real estate agent may have some suggestions about how you can stage your house to make it more attractive to potential purchasers. This usually involves removing any clutter, taking down personal photographs, and possible removing some excess furniture to make the rooms look bigger.
The company will have someone come out and put a for sale sign in the yard with all the pertinent contact information. If you have already moved out of the house, a lock box will probably be installed. Photographs of the exterior and the interior will be taken that show your house in the most positive light.
One advantage of listing with a realty company is that your property will be added to a multiple listing service. This will get all the pertinent information about your house into the hands of other agents who can match it with their customers. Your agent will show your property to potential buyers and may suggest an open house to get maximum exposure.
Your agent will present any and all formal offers made on your house. It is important to go over each offer carefully and consider any amendments or stipulations a buyer wants to add to the original package. You can accept an offer without revisions, make a counteroffer, or turn it down. The agent can offer suggestions based upon experience, but the decision is yours.
The closing will probably be conducted in an attorney's office. Prior to the actual day and time of the transaction, you agent should offer to go over the closing documents with you to make you sure you don't have any questions or concerns. The agent will attend the closing with you.
There are a lot of details in successfully selling any type of real property. If you are not a professional, the process may be overwhelming. Choosing a real estate agent, and paying a set fee, will relieve you of much of the burden.
You may have concerns that you won't get the same service with one of these agents that you would with a commission based real estate company. When you first meet with a representative, you should ask what to expect. In most cases, your agent will stay in contact with you to give you updates and suggestions. An opinion of value based on comparable sales is something else you can expect.
Once you have agreed upon the terms, your agent will go over the listing contract with you, answer any questions, and have you sign it. The real estate agent may have some suggestions about how you can stage your house to make it more attractive to potential purchasers. This usually involves removing any clutter, taking down personal photographs, and possible removing some excess furniture to make the rooms look bigger.
The company will have someone come out and put a for sale sign in the yard with all the pertinent contact information. If you have already moved out of the house, a lock box will probably be installed. Photographs of the exterior and the interior will be taken that show your house in the most positive light.
One advantage of listing with a realty company is that your property will be added to a multiple listing service. This will get all the pertinent information about your house into the hands of other agents who can match it with their customers. Your agent will show your property to potential buyers and may suggest an open house to get maximum exposure.
Your agent will present any and all formal offers made on your house. It is important to go over each offer carefully and consider any amendments or stipulations a buyer wants to add to the original package. You can accept an offer without revisions, make a counteroffer, or turn it down. The agent can offer suggestions based upon experience, but the decision is yours.
The closing will probably be conducted in an attorney's office. Prior to the actual day and time of the transaction, you agent should offer to go over the closing documents with you to make you sure you don't have any questions or concerns. The agent will attend the closing with you.
There are a lot of details in successfully selling any type of real property. If you are not a professional, the process may be overwhelming. Choosing a real estate agent, and paying a set fee, will relieve you of much of the burden.
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You can get valuable tips for selecting a real estate broker and more information about a flat fee Realtor Chicago area at http://www.selectafee.com/menu-of-services now.
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